• Gear-Up Grant- $68 million for Kentucky, works with students starting in the 7“‘
grade all the way through middle and high school process to prepare them for
going to college
• Donor Gift - gift to be forthcoming for our Chemistry Building
• Campus Health Insurance — we have for the coming year a projected $430,000
decrease for the total plan costs. We cannot say that it is tied to the Wellness
Center, but we will say that more employees are taking advantage of the facility.
We have had a decrease in high claims costs for the past twelve months. We are
implementing dental insurance this year. Murray State covers 81 percent of the
insurance coverage and the employee pays 19 percent.
· OVC Team Academic Performance Awards — our men’s rifle team and our
women’s golf team received the awards this year.
• MSU Marching Band — largest number of band members recorded in history
· State Historical Marker: Homecoming — We will have a marker in the quadrangle
signifying the 50"‘ Anniversary of Desegregation on Murray State University’s
campus. The speaker for the unveiling is Dr. Walter Bumphus, President of the
Louisiana Community and Technical College System. Don Tharpe, recently
appointed to the Congressional Black Caucus in Washington, is coming to campus.
Dennis Jackson, recently retired as director of district personnel with Paducah
Public Schools, and Dr. Jerry Sue Pritchett Thornton, President of Cuyahoga
Community College in Cleveland, Ohio, are Grand Marshals of the Homecoming
· Commonwealth Honors Academy - Warren Edminster, Randy Black, and Jane
Etheridge presented brief reports on the Commonwealth Honors Academy. This
year’s theme was "Fantastic Joumey—Exploring Truth, Tradition and Tolerance."
There were 94 in this year’s class, which was the largest class we have had
involved in the program. We have enrolled 64.5 percent of the students.
• Graduation Rates - Stewardship of state resources: of the 19 universities
mentioned, the University of Minnesota, University of Arizona that have
graduation rates less than MSU, their education and general expenditures per
l student at the University of Mirmesota who has a graduation rate less than MSU is
at $44,000 per student. The University of Arizona is at $30,600; the University of
Arkansas is at $27,000 E and G per student; West Virginia, $21,400; LSU $21,300.
All of these institutions that are strong universities have substantial per student
expenditures and Murray State University’s E & G expenditure per student is
$12,900. If there’s a testament of what we are doing in an efficient manner, we are
enrolling and graduating students with expenditures that are half that of many other
institutions that have smaller graduation rates than we do. That really says a lot for
what’s going on on campus. That means we are good stewards of these resources
and we are good investments for the taxpayers of Kentucky. Our outcomes are
important. The more we fund outcomes and performances the stronger this
university will be ftmded by the state.
(See Attachment #1)
Report of the Chair
Chair Sparks indicated that the most newsworthy item in the newspapers at the beginning
of school is the fact that we were overcrowded and RA’s were having to share their room. It
stated that one of the causes for that was that upperclassmen were wanting to stay in the
donnitories which goes against all college habits. I think that tells us that our Residential
Colleges, our faculty and those people working with the students are doing a good job. We’ve
just got to build some more residential colleges, that’s the key.
Report of the Treasurer, accepted
Treasurer Tom Denton presented and reviewed the financial and investment reports for the
period of July 1, 2004 - June 30, 2005. Following a brief discussion, Mrs. Buchanon moved,
seconded by Ms. Dial, that the Treasurer’s Report be accepted. Motion carried.